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mitsukoshipanda
·Hi all, I have a dilemma about my Mitsukoshi Speedmaster.
Let's say an original 3570.31 purchased in 2004 had an incident (e.g. water damage) in 20 years of its life that led to Omega replacing the original dial with a service dial during overhaul / repair. The watch is still a real ref 3570.31, and Omega is the one who performed the swap, but now the watch is completely indistinguishable from the mods since they also use oem service dials (lost the subtle differentiators that original dial had vs service dials).
The value that market puts on a 3570.31 is that it's an original Mitsukoshi Speedmaster and not some common aftermarket mod, so how should the fact that Omega swapped the original dial out for service dial during overhaul affect its market value? Obviously there are plenty of examples of vintage Rolex references that lost a chunk of their market value because of service dials, but I'm not sure what, if any, impact this should have on a 3570.31.
I would like to believe that this is still worth far more than what the aftermarket mods are valued at, but slightly lower than an all-original 3570.31. At the end of the day, it still looks fantastic, and Omega can confirm that it is indeed a Mitsukoshi Limited (too bad they stopped providing archive extracts, I would very much like to get one).
What I tell myself is that it's still a 3570.31, and that since it was Omega that performed the swap (which they would never do for a non Mitsukoshi Speedmaster overhaul), the value of originality is still intact to some degree though not the same as having all-original parts. I also tell myself to just enjoy the watch as I have done so for many years without worrying so much about market value, but given the rarity of this watch it's hard to ignore the resale value completely.
What do you guys think?
Let's say an original 3570.31 purchased in 2004 had an incident (e.g. water damage) in 20 years of its life that led to Omega replacing the original dial with a service dial during overhaul / repair. The watch is still a real ref 3570.31, and Omega is the one who performed the swap, but now the watch is completely indistinguishable from the mods since they also use oem service dials (lost the subtle differentiators that original dial had vs service dials).
The value that market puts on a 3570.31 is that it's an original Mitsukoshi Speedmaster and not some common aftermarket mod, so how should the fact that Omega swapped the original dial out for service dial during overhaul affect its market value? Obviously there are plenty of examples of vintage Rolex references that lost a chunk of their market value because of service dials, but I'm not sure what, if any, impact this should have on a 3570.31.
I would like to believe that this is still worth far more than what the aftermarket mods are valued at, but slightly lower than an all-original 3570.31. At the end of the day, it still looks fantastic, and Omega can confirm that it is indeed a Mitsukoshi Limited (too bad they stopped providing archive extracts, I would very much like to get one).
What I tell myself is that it's still a 3570.31, and that since it was Omega that performed the swap (which they would never do for a non Mitsukoshi Speedmaster overhaul), the value of originality is still intact to some degree though not the same as having all-original parts. I also tell myself to just enjoy the watch as I have done so for many years without worrying so much about market value, but given the rarity of this watch it's hard to ignore the resale value completely.
What do you guys think?
